New Financial And Statistical Measures To Monitor The Success Of GE
Beginning of paper
To : The Board of Directors, GENERAL ELECTRIC COMPANY
Subject : NEW FINANCIAL AND STATISTICAL MEASURES TO MONITOR
THE SUCCESS OF GENERAL ELECTRIC COMPANY
After Mr. Weltch announced my new assignment, I pondered how I could go
about guaranteeing the best possible result: a creditable and well organ ....
Middle of paper
.... ... for us it is the wrong answer.²1 For us
the new trend is the entrance into the service industry. The question must then
be: is this the right answer?
GE is expecting to increase its revenue by the year 2000 to $120 billion
compared with $58 billion in 1990. In other words, if the forecast proves to be
correct, it will obtain an average annual rate of growth of 7.5%. This high
rate is mainly attributed to the expansion of the services sector of the company,
which is estimated to increa ....
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Word count: 3914
Page count: 15 (approximately 250 words per page)
